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TOP NEWS
Assertio Beats Investor Suit Over Drug, Merger Claims
By Celeste Bott
An Illinois federal judge Friday dismissed a proposed investor class action claiming Assertio misled shareholders about threats to sales of its arthritis drug Indocin, saying the company's public filings explicitly and repeatedly warned that the drug lacked patent protection and faced imminent generic competition at any time.
Opinion attached |
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POLICY & REGULATION
LITIGATION
SEVENTH CIRCUIT
Hemp Co. Tells 7th Circ. To Leave RICO Case Buried
By Mike Curley
Hemp product maker Urb Cannabis and its affiliates are urging the Seventh Circuit to leave intact the dismissal of a hemp seller's suit alleging that Urb's products were illegal and led to a police raid on his store, saying the racketeering claims are insufficient and fail to describe the conspiracy or identify its members.
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LEGAL INDUSTRY
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